Federal Trade Commission, noncompete agreements
US Chamber of Commerce sues Federal Trade Commission over new noncompete ban
"The sheer economic and political significance of a nationwide noncompete ban demonstrates that this is a question for Congress to decide, rather than an agency," the lawsuit says.Start the day smarter.
Are noncompete agreements over? The Biden administration’s Federal Trade Commission wants to make it so
The agency allowed that existing C-suite noncompetes “can remain in force.” However, barring judicial intervention, once the rule takes effect, “employers are banned from entering into or attempting to enforce any new noncompetes, even if they involve senior executives.”
Federal Trade Commission Bans Noncompete Agreements, Urges More Protections for Healthcare Workers
The FTC's decision to ban noncompete agreements could make it easier for doctors and other healthcare workers to switch jobs. But business groups say they will sue to block it.
Ryan Challenges New Non-Compete Rule Issued by Federal Trade Commission (FTC)
Ryan, a leading global tax services and software provider, is challenging a new rule issued by the Federal Trade Commission (FTC) that outlaws non-compete employment agreements. The Firm’s lawsuit in federal court in Texas is the first challenge to the FTC’s lawless action,
Federal Trade Commission sues to block Tapestry’s $8.5B acquisition of Capri
The Federal Trade Commission said the deal would eliminate direct head-to-head competition between the fashion companies’ brands like Coach and Michael Kors.
5 things to know about the new federal ban on noncompete agreements
Proponents say a sweeping ban on noncompete clauses should boost workers, but the new rules face serious legal challenges.
FTC votes to ban non-compete agreements
HOUSTON - In a move to boost worker mobility, the FTC bans non-compete agreements for most workers. FOX 26 Houston is now on the FOX LOCAL app available through Apple TV, Amazon FireTV, Roku, Google Android TV,
New Federal Trade Commission ruling could ban noncompete agreements
The ruling, made in a 3-2 vote on April 23, could impact area workers and businesses, but it will likely face a legal challenge.
FTC being sued for ban on noncompete agreements
The ban would take effect four months from now and void any existing noncompete agreements except for those in senior executive roles who make at least $150,000 a year. (April 24, 2024)
FTC Approves Rule to Ban Worker Noncompete Agreements
The U.S. Federal Trade Commission (FTC) has greenlit a rule banning noncompete agreements, asserting that such contracts restrict worker mobility and suppress wages. Passed in a 3-2 vote, the decision represents a pivotal shift in labor dynamics,
FTC is 'just getting started' as it takes on Amazon, Meta and more, Chair Lina Khan says
In the nearly three years since Biden appointed Lina Khan as chair of the FTC, the government agency has taken on some of ...
The Washington Post10d
Groups sue to block FTC’s new rule barring noncompete agreements
The Federal Trade Commission is facing a challenge to its ... comes a day after the FTC voted 3-2 to issue a rule that bans noncompete agreements, which restrict workers from switching ...
CBS News11d
FTC bans noncompete agreements, making it easier for workers to quit. Here's what to know.
The Federal Trade Commission on Tuesday afternoon voted 3 ... the agreements are "robbing people of their economic liberty," FTC Chair Lina Khan said. The FTC commissioners voted along party ...
JD Supra4d
Federal Trade Commission Announces New Rule Invalidating Non-Compete Agreements
Yesterday, the Federal Trade Commission (“FTC”) announced its long-anticipated final rule finding that the vast majority of non-compete agreements constitute unfair methods of competition, and ...
The Washington Post11d
FTC bans contracts that keep workers from jumping to rival employers
Federal Trade Commission Chair Lina Khan, right, with Rep. Pramila Jayapal (D-Wash.) in July. (Shuran Huang for The Washington Post) The Federal Trade Commission on Tuesday banned ...